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Tag Archives: Bitcoin News

Mike Novogratz: Bitcoin Speculation Is Out of Control

Former hedge fund manager turned bitcoin and crypto investor Mike Novogratz appears to have predicted the recent bitcoin crash that’s affected the space. He said not too long ago in an interview that there was a “speculative frenzy” surrounding bitcoin that he thought was getting too out of hand.Mike Novogratz Warned Us About BTCOne of the big problems with bitcoin is that whenever it shows signs of spiking, people – largely new investors – want to get in on the action. This would be fine,...

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Bitcoin Incurs a $300 Spike; Is the Worst Over?

Bitcoin has risen by roughly $300 today in a surprise twist. While this is nothing to get excited about just yet, it does mean that bitcoin is once again in the five-figure range. As of this morning, it’s been trading for just over $10,200.Bitcoin Has Risen Slightly Over the Past 24 HoursThis potentially puts all the worries that analysts had about bitcoin falling below the $10K line to rest granted the world’s largest cryptocurrency by market cap can potentially remain above this level. If...

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#964 Weiterer Bitcoin Dump, Peter Schiff Krypto Bärenmarkt & Kasachstan investiert Rekordsumme in Krypto

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 964. Im heutigen Video geht’s um folgende Themen: Bitcoin vor dem nächsten Dump, Peter Schiff sieht Bitcoin Bärenmarkt & Kasachstan investiert Rekordsumme in Kryptowährungs-Sektor 1.) Bitcoin At Potential Risk of Breakdown Below $10,000: Here’s Whyhttps://www.newsbtc.com/2020/09/07/bitcoin-risk-of-breakdown-below-10000/ 2.) Peter Schiff: ‚I was wrong about...

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Analyst: The Recent Bitcoin Drop Isn’t Such a Bad Thing

As we all know by now, bitcoin is not in its greatest state. The currency continues to delve deeper into oblivion, now trading at roughly $9,900 at the time of writing despite moving beyond the $12,000 line just over a week ago.Bitcoin Is Headed for a Dark PlaceHowever, according to several sources, there were red flags appearing all over the crypto space during these past few weeks, and bitcoin has long been at risk of heading towards an extremely low position on the financial ladder....

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Institutional Investors Are Rushing to Bitcoin in Droves

For some time now, people within the crypto space have been stating that institutional investors are rushing into the crypto arena and looking to trade digital assets. Following news that Grayscale had traded more than $1 billion in bitcoin during its second quarter, it seems like many other institutional firms have been looking to get a piece of the crypto action.Institutional Investors Keep Heading for the BTC HillsIn other words, it does look like institutional investors are rushing to get...

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Bitcoin Drops Below Five-Figure Range; Are Further Slips Imminent?

Well, it happened folks. Bitcoin – the world’s number one cryptocurrency by market cap – has sunk below its long awaited five-figure, $10,000 line. After more than a month of trading higher than it’s been in a year, the currency has sunk massively and is now trading for about $9,900 even.Bitcoin Sinks Below $10,000This is well over $2,000 less than where it was just a week ago. Back then, the currency was rising beyond the $12,000 line and it looked like maybe, just maybe the currency was...

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Analysts Are Worried That Bitcoin Will Fall Beneath the $10K Line

Bitcoin has been having a hard week. Following a meteoric rise to $12,000 that lasted what felt like five seconds, the currency dropped deep into bearish territory, slipping initially into the low $11,000 range. From there, the currency was trading for about $10,800, while today, another $500 drop has occurred, bringing BTC down to about $10,300.Bitcoin Is Slip, Sliding AwayOverall, bitcoin has lost close to $2,000 in just the past few days alone, and many analysts now say that the world’s...

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Mike McGlone: Bitcoin Will Reach Half a Billion or Completely Fail

With the latest bitcoin crash making headlines, many analysts are sharing their opinions on social media and on related platforms to try and give traders and crypto enthusiasts an idea of where the currency will potentially go in the coming weeks and months.Mike McGlone on Bitcoin: Where Will It Go?Recently, the Winklevoss Twins stated that bitcoin could reach a price of $500,000 in the future. They laid their case out, and it appears to be a very solid case considering Bloomberg analyst Mike...

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Bitcoin Falls Again, On Verge of Losing Five-Figure Status

Bitcoin has crashed again. The world’s number one cryptocurrency by market cap is now trading in the $10,300 range, meaning it’s roughly $2,000 less than where it was just a week ago when it rose beyond the $12,000 range.Bitcoin Has Fallen Even FurtherWhat could have caused bitcoin to fall so suddenly? Why now, and why such a big drop? Clearly, bitcoin wasn’t happy just falling back into the $11,000 range. It had to retreat further and lose all its gains since the announcement that banks...

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Zug Says “Yes” to Crypto for Future Tax Payments

Zug – one of the regions belonging to the Swiss Confederation – has announced that residents will be able to pay their taxes in either bitcoin or Ethereum starting next year.Zug – Want to Pay Your Tax Bill with Digital Currency?Zug is part of Switzerland’s affectionately dubbed “Crypto Valley,” which has garnered its nickname thanks to the many bitcoin, crypto and blockchain startups the region currently houses. The area takes its name from Silicon Valley, the section of Northern California...

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